CONVEX
Historical Year Data · 2024

Bank Prime Loan Rate in 2024

Bank Prime Loan Rate opened 2024 at 8.50% and closed at 7.50%, a -11.76% move for the year. The high of 8.50% was reached on January 1, and the low of 7.50% on December 19.

Open
8.50%
2024-01
Close
7.50%
259 data points
High
8.50%
Jan 1
Low
7.50%
Dec 19
Full Year Change
-11.76%
2023 Change
+13.33%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan8.50%8.50%8.50%8.50%+0.00%
Feb8.50%8.50%8.50%8.50%+0.00%
Mar8.50%8.50%8.50%8.50%+0.00%
Apr8.50%8.50%8.50%8.50%+0.00%
May8.50%8.50%8.50%8.50%+0.00%
Jun8.50%8.50%8.50%8.50%+0.00%
Jul8.50%8.50%8.50%8.50%+0.00%
Aug8.50%8.50%8.50%8.50%+0.00%
Sep8.50%8.00%8.50%8.00%-5.88%
Oct8.00%8.00%8.00%8.00%+0.00%
Nov8.00%7.75%8.00%7.75%-3.13%
Dec7.75%7.50%7.75%7.50%-3.23%

Events During 2024

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